Apple, Google and Meta at risk of ‘heavy' fines as Europe launches new probes
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The European Union has launched investigations into Apple, Google, and Facebook parent Meta on suspicion of non-compliance with the Digital Markets Act (DMA). The EU suspects that the companies are not effectively complying with the new law, which aims to promote competition in digital services. Violations of the DMA can result in heavy fines, potentially reaching up to 10% of a company’s global revenue. The investigation includes concerns over Meta’s subscription service, Apple and Google’s app stores, and Google’s search practices. The EU aims to ensure that dominant online platforms give users more choices and create opportunities for competitors.